Testimony Continues in Balwani-Theranos Fraud Trial
One day after taking a hit, the defense team for Sunny Balwani may have notched a victory in court Wednesday. Scott Budman reports.
Stay updated with breaking news from Constance Cullen. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
One day after taking a hit, the defense team for Sunny Balwani may have notched a victory in court Wednesday. Scott Budman reports.
The successful prosecution of Theranos CEO Elizabeth Holmes shows that there's a limit to Silicon Valley con-artistry.
Elizabeth Holmes took the stand for a second day to tell the court that yes, Theranos had done work with drug companies. Studies existed.
The former Theranos CEO took the stand on Friday, marking a pivotal moment in the fraud case
In 2014, Dan Mosley, a lawyer and power broker among wealthy families, asked entrepreneur Elizabeth Holmes for audited financial statements of Theranos, her blood testing startup. Theranos never produced any, but Mosley invested $6 million in the company anyway -- and wrote Holmes a gushing thank-you email for the opportunity.